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Structure de financement des PME françaises du secteur TIC

Author

Listed:
  • Ramzi Benkraiem
  • Anthony Miloudi

    (Groupe Sup de Co La Rochelle, LR-MOS - La Rochelle - Management, Organisation & Société - CEREGE [Poitiers, La Rochelle] - Centre de recherche en gestion [EA 1722] - IAE Poitiers - Institut d'Administration des Entreprises (IAE) - Poitiers - UP - Université de Poitiers = University of Poitiers - UP - Université de Poitiers = University of Poitiers - ULR - La Rochelle Université)

Abstract

SMEs play a crucial role in innovation development and job creation. Consequently, their financing constitutes a major stake. It is from this standpoint that this article aims to study the financing structure of SMEs in ICT industry. The analysis is based on a sample of 539 SME-years studied from 2003 to 2006. The findings show that these SMEs succeed to finance their turnover growth and investment opportunities by debts, and especially those whose maturity is longterm. Nevertheless, they appear to face difficulties of financing by these same resources their assets.

Suggested Citation

  • Ramzi Benkraiem & Anthony Miloudi, 2010. "Structure de financement des PME françaises du secteur TIC," Post-Print hal-00592445, HAL.
  • Handle: RePEc:hal:journl:hal-00592445
    as

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